In the world of cybersecurity, change is the only constant. This reality is once again affirmed in a recent interview with Andy Grolnick, the CEO of Graylog, a leading SIEM and log management solutions provider, who has shared some exciting news regarding the future of API security. Andy, who has been at the forefront of innovation in cybersecurity, announced Graylog had acquired Resurface.io’s API security solution that will be integrated with Graylog’s SIEM platform. With this acquisition, Graylog introduced a new product, Graylog API Security, focused on continuous API threat detection and incident response.

Why the Acquisition Matters

The acquisition of Resurface.io by Graylog signifies an important turning point in the field of API security. When Resurface.io was founded, the central thesis was that web and API security brought unique requirements necessitating purpose-built data systems. As Andy remarked, “Using solutions like Elastic or Splunk at scale for API monitoring is prohibitively complex and expensive. Using Hadoop or Kafka requires an army of security professionals to run at any scale.” Consequently, the acquisition is a strategic step towards addressing these challenges in an increasingly interconnected digital world and making API security affordable, integrated and automated.

Understanding the Importance of API Security

The digital world is becoming increasingly dependent on APIs, and with this reliance comes a new set of vulnerabilities and security risks. As Andy highlighted, “The stakes for API security in 2023 are terrifically high.” In fact, he revealed that “70% of API traffic is malicious,” and “half of APIs are unmanaged.” With this acquisition, there’s a sense of urgency to provide a robust, efficient, and scalable solution for API security.

Graylog API Security: A New Chapter in API Monitoring

Firewalls and gateways are no longer enough. Attackers can appear as users and penetrate the perimeter. Internal users and partners, for example, bypass firewalls and can directly access microservices without inspection. In order to address these concerns, Graylog API Security offers a comprehensive API monitoring and security solution. Like a “security analyst in-a-box,” Graylog API Security is built to automate API security by continuously scanning all API traffic at runtime, thus identifying and alerting on zero-day attacks and threats before they reach applications.

Graylog API Security captures complete request and response details, creating a readily accessible datastore for attack detection, fast triage, and threat intelligence. Furthermore, its alert system works with common communication tools like Slack, Teams, Gchat, JIRA or via webhooks, thereby reducing alert fatigue.

With the advent of Graylog API Security, the vision of creating a safer, more secure API landscape is closer than ever. Users interested in getting an in-depth understanding of this new platform can attend the Graylog GO user conference scheduled for October 4-5. It’s clear that the Graylog and Resurface.io teams are excited to guide the community into a new era of robust API security.

Watch a Graylog product demo: https://youtu.be/ZimbvmShtv8

The post Reshaping the API Security Landscape: Graylog Acquires Resurface appeared first on Cybersecurity Insiders.

France based company Thales, that is into the business segment of aerospace and defense has made an official statement that it is going acquire data security firm Imperva for $3.5 billion. Earlier the company was owned by Thoma Bravo and is now going into the hands of Thales, with the deal to get completed by this year end.

Imperva, that majorly focuses in securing applications, information and IT infrastructure of its users has acknowledged the news and felt elated to be part of the technology served by its new parent company.

In the past two years, Thales made similar purchases of two tech companies in the relative field. Excellium stands first in the deal, while Gemalto stood second on par with the acquisition.

Imperva was founded in the year 2002 in Israel and then went public at the New York stock exchange in 2011. It was then purchased by Thoma Bravo in 2019 for $2.3 billion and is now a part of Thales cybersecurity portfolio.

NOTE- Thales is a French conglomerate that is into manufacturing of electrical systems and devices pertaining to aerospace, military, and transportation sectors. Headquartered in Paris and operating in over 56 countries, the business stands as the 7th largest defense contractors in the world with over 55% sales coming from military equipment trade. In recent times, the company also started manufacturing in-flight entertainment equipment and is planning to offer cybersecurity services by this year end. After gaining technology from Imperva, Excellium and Gemalto the business is all set to re-launch its services under a new brand name- subject to confirmation.

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